1. Refer to the financial statements of Urban Outfitter in Appendix C At the end of this book1. How much did Prepaid Expenses and other current asset accounts at the end of the most recent year (for the end of January 31, 2009? Where did you find this information?

2. What did the for deferred rent and other liabilities in January 31, 2009? Where did you find this information?

3. What is the difference between prepaid expenses and deferred rent?

4. Describe in General terms what is accrued liabilities

5. What would generate the most interest income that is reported on the income statement

6. What company account that would not have balances on a post closing trial balancing

7. Give the close entry, if any for prepaid expenses

8. What is the company's earnings per share (only basic) for the three year report

9. Compute the company's net profit margin for the three year period. What does the trend suggest to you about Urban Outfitters?